A term used to accurately describe the Panoz DP01 car used by an obscure insignificant club racing series funded by its owners known as the Champ Car World Series. Said car frequently broke down, suffered from fuel leaks, and injured Paul Tracy when it barely tapped a wall at only 30 mph. So destructive were these cars that the series went bankrupt within a year and teams had to be given cars and money to be able to continue racing. Only one such machine is known to be in running order.

A small, annoying band of masochistic, hermit racing fans of the failed venture choose to erroneously apply to Indycars, which by comparison are faster, safer, and more entertaining.

At Cleveland in 2007, Paul Tracy's crapwagon flew over Sebastien Bourdais' similar crapwagon. Tracy punted another car and went on to win.